Mag 510 Launch Prices
Off-plan in Dubai South · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
105 developer launch sales registered at Mag 510 between Oct 2017 and Jun 2020: 100% apartments, most commonly studio units, typically around 436 sqft.
Bed mix: Studio 51% · 1-bed 40% · 2-bed 9%.
Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.
Launch Price by Quarter
Median registered launch price per square foot at Mag 510, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2017 Q4 | 15 | AED 1,008 |
| 2018 Q1 | 17 | AED 977 |
| 2018 Q2 | 20 | AED 904 |
| 2018 Q3 | 14 | AED 928 |
| 2018 Q4 | 5 | AED 804 |
| 2019 Q1 | 2 | AED 998 |
| 2019 Q2 | 13 | AED 897 |
| 2019 Q3 | 11 | AED 917 |
| 2019 Q4 | 1 | AED 924 |
| 2020 Q1 | 5 | AED 891 |
| 2020 Q2 | 2 | AED 832 |
Launch vs Resale
Mag 510 also has 90 ready-market resales registered with the DLD, the first on 2 April 2020 - 30 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in Dubai South
Off-plan in Dubai South
Compare this project with every other off-plan launch registered in Dubai South, or see the community's resale market.
All Dubai South projects